NZX, which is New Zealand’s only registered stock market operator, “strongly opposes” a bid by share trading platform Unlisted to be exempted from new licensing requirements, saying its lack of basic shareholder protections could tarnish the reputation of the country’s capital markets. Unlisted is petitioning Commerce Minister Paul Goldsmith for an exemption from being licensed by the Financial Markets Authority, as required …

Wednesday July 8: After an emergency eurozone leaders’ summit in Brussels, and as the eurozone prepares for a full EU summit on Sunday, there is enormous pressure on the Greek government as the country is on the verge of running out of money. There is also pressure on the other eurozone leaders, with the current situation deemed the most critical …

OceanaGold Corp, which is in the process of buying the Waihi Gold Mine, sees more life in the Macraes Goldfield in Otago as cheaper fuel and a weaker New Zealand dollar make the operation more attractive. The Melbourne-based company discovered a new zone of gold mineralisation which could increase the potential reserves of the Macraes mine after embarking on a …